The results of a survey sponsored by the team at Yahoo! Small Business show that more adults than ever are not just considering starting a small business, but recognize that the Internet is the place to be if you plan on doing so. The survey finds that 75% of online adults in the U.S. belive that the Internet has made it easier to launch a small business.
Other findings from the survey:
When asked, "At what age do you think it would be too late to start you own business?." 70% of respondents age 45-54 and 72% of those age 55 and above chose the response, "I will never be too old to start my own business."
55% of respondents chose "own my own business" as the kind of work they would prefer to do late in life. Other choices included: 42% volunteer work/public service; 29% consulting; 20% teaching, and less than 15% for running for political office, retail/customer service, corporate officer, and sales.
92% of U.S. adults who go online said it was important for a new small business to have an Internet presence.
While the American dream has long revolved around the freedom and challenge that comes with working for oneself, the Internet does seem to have made a significant impact on the ability of individuals to do so. The numbers from the survey reflect that reality.
Rich Riley, Vice President of Small Business Services at Yahoo! explained, "The vast majority of people, regardless of age, have entrepreneurial aspirations, and they recognize the power of the Internet in making it easier for them to act on those aspirations and launch small businesses. These days the Internet is where people are going to research and locate the products and services they need, which is why we believe every small business should have a website."
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